The National Council on Privatisation (NCP) at the close of its meeting Monday approved that Amperion Power Distribution Company Limited with a bid of USD$132,000,000 is the preferred bidder for the core investor sale of 51% shares of Geregu Power Plc;

The sixth meeting NCP presided over by Vice President Muhammad Namadi Sambo also approved that Mainstream Energy Solutions Limited, as the preferred bidder for the concession of Kainji Hydro Power Plc;following its offer of an annual fee of USD$50,760,665.18 and a commencement fee of USD$257,000,000.

NCP approved that North-South Power Ltd which offered an annual fee of USD$23,602,484.87 and a commencement fee of USD$111,654,534 is the preferred bidder for the concession of Shiroro Hydro Power Plc;